Bain & & Company international modern technology and cloud solutions method chairman David Crawford signs up with Market Domination to review AI’s possible effect on the labor market and the software program field.
Crawford thinks that AI “presents opportunities for people to be more productive.” He proceeds, “I’m an optimist. I’ve been around the Valley long enough to have seen a few of these technical disruptions, and almost every one had predictions of doomsday. I actually think it allows people to find new and higher value activities, but there will be dislocations along the way.”
While some capitalists are worried regarding the software program field’s future provided the development of generative AI, Crawford thinks it will certainly give both a “pretty big opportunity” along with a hazard. He discusses, “The capacity to accelerate your software development pace for both software companies themselves and for enterprises who are doing some level of software coding internally is extraordinary.”
“To get value out of this, you have to have people doing their work in a different way. And so that requires business diagnostic change programs, all the things that you have to do to sort of get value out of it. It’s not like cloud where you can just deploy the technology and get value,” Crawford includes.
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This article was composed by Melanie Riehl
